Dupree Lakes New Construction (Land O’Lakes)

Lot	Plan Name	Elev	SqFt	Price WAS	Price NOW	Description	Ready
1802	Mystic II Floor plan	MEM	2621	$274,355	$259,990	4BR/2.5BA/ext lanai 2-car/2-story	NOW
1822	San Jose Floor plan	MEA	2206	$250,018	$229,990	4BR/2.5BA 2-car/2-story	NOW
1817	Captiva Floor plan	MEL	2886	$284,644	$269,990	5BR/3BA/3-car	September
2004	Newbury II 3 car Floor plan	SCL	3197	$327,030	$317,990	5BR/3.5BA/3-car/2-story/40x10 lanai	September
2057	Windsor Floor Plan	TUL	4471	$379,150	$369,990	6BR/4.5BA/3-car/2-story/18x10 lanai	September

Hire Me as your Buyer’s Agent and get a $500 Gift Card at closing when purchasing any of these homes, or any new construction over $175K in Hillsborough, Pasco or Pinellas Counties.

Real Estate Q&A August 2013

Dear Gloria,

I am planning to move to Florida within the next year and would like to purchase a new construction home in the Wesley Chapel area. I have heard that a buyer can incur additional charges during construction. I would hate to purchase a new construction property and pay much more than I originally planned. Have you ever experienced a similar situation with a past buyer?

Jenny F., Boston, Virginia

Jenny,

I have never experienced this situation with any of my new construction buyers. Typically the process is similar among many builders. After a buyer has viewed the model and has made the decision to move forward with the builder, they sit down with the sales consultant to discuss floor plan, home site, and designs. An initial estimate is provided at that time. The buyer further discusses the interior design material details at the design center.

After all of the fixings have been secured, the final price of the property is provided. After the design, home site and floor plan have been finalized for the new construction home, there should be little to no price changes. Should the buyer decide to change or alter the originally discussed design elements listed within the contract then the buyer can expect a price change. For example, let’s say a buyer decides to have a new construction home built with all of the design upgrades that were shown in the $245,000 model. Let’s say one night the buyer had a change of heart and decided they wanted to change the kitchen floors from tile floors to hard wood. This material change to the property may require a change in the original agreed price.

Thanks for your email Jenny and I look forward to helping you further with this process.

Buying a Duplex Within Sulphur Springs

The City of Tampa is requiring duplexes located within Sulphur Springs and have been vacant for more than six months to be converted into Single Family Homes. I discovered this information as one of my investors were hoping to add a few duplexes to his rental portfolio. Unfortunately, the duplexes he was hoping to purchase would need to be converted to single family homes. This would defeat the purpose of purchasing these properties and cut into his potential ROI.

If you are looking to purchase a duplex within the City of Tampa, I would advise that you check with the Tampa’s Code enforcement department to ensure that the property could be used as a duplex. So far, Sulphur Springs has the six month vacancy stipulation and I have not come across any other areas that enforces this stipulation.